UConn President Susan Herbst: Let’s push endowment past $1B

By eCampus News staff and wire reports

July 11th, 2011

The University of Connecticut’s new president says it needs to push its endowment fund past $1 billion, more than triple its current amount and a threshold that’s proven challenging for many public universities to cross, the Huffington Post reports. Susan Herbst, who started at UConn in June, said this week that soliciting donations from alumni, businesses and other supporters will be among her top goals to give the university a better cushion against tough financial times…